Business studies

The following are examples of nominal accounts EXCEPT

• rent

• machinery

• income

• salary

Which of the column of the cash book is for recording the page of transaction?

• amount

• cash

• folio

• date

Which of these is a petty cash expenses?

• computer

• stationery

• land

• premises

  Which of the following is not a solution to TAP?

• Partiality

• Respect to the rule of law

• Probes on improper operation of public funds

• Better wages and salaries

The ability of a buyer to make spot payment for commodities bought explains his     

          shopping tips of

• paying with cash

•  setting a budge

• selecting the best time

•  shopping with a list

A specific amount of money given to the petty cashier to pay for minor expenses at the

        beginning of account period is called

•  float

• petty cash book

• cash book

• book-keeping

    Which of the following is not a component of a ledger? 

• Amount

• Net profit

•  Folio

• Date

       _ is a handwritten note, disjointed material that need to be typed in a readable and    

         meaningful way

• manuscript

• manuscret

• manual

• memorandum

Trs sign in manuscripts means

• words should be transposed in the new order

• start each word in the sign with capital letter

• draw the trs sign on the words

• delete the words with the sign

When heading is double-underlined, it means _.

•  type the heading in uppercase

• centre the heading

•  type the heading in lower case

• type the heading and underline twice